It can be confusing to know which renovations are worth the time and money, and which ones are best left undone. The Northern Kentucky and Cincinnati housing market offers many renovated homes that are worth looking at as either a buying option or a renovation inspiration.
Experts weigh in on which renovations sellers should make and which ones they should skip, ranging from the smallest of fixtures to the biggest structural additions, so that you get the most bang for your buck.
Read: The Craziest ThingsThat Kill Your Home's Value
Make: Bathroom renovations, specifically adding large cabinets and plenty of storage
Skip: A sunroom, which only adds about a 45% return on invest
Skip: A pool
Make: Kitchen upgrades, a $20,000 investment could add up to $50,000 to your home value
Skip: Additions to your home. It may seem tempting to add square footage to home but that won’t necessarily equate to adding value
Make: Refreshen floors and paint walls
Skip: Renovating more than your neighbors, as the value of you home is impacted by other homes in your area
Make: Do consider lighting and brightening space as much possible
All in all, home renovations add value to your home. Things to consider are: the length of time intended to live in your Northern Kentucky or Cincinnati home and if you plan to resell is in the next 3 to 5 years.
If the answer is long-term, consider your needs and wants as priority.
If the answer is a more immediate sale, then consider the needs and wants of a general home buyer looking for move-in ready and a clean home design to personalize.
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